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VUZI Promotional Newsletter
The following is a newsletter released by "Ultimate Stock Alerts" promoting Vuzix Corp
Don't Want Anymore Emails
New Trade Alert Vuzix Corporation NASDAQ VUZI
The events of 2020 have accelerated trends in some industries to unprecedented growth.
This year has changed our perception of what normal is or should be.
While we do not know how the world looks like after this crisis
What we can do is discuss how the world has already changed.
We have already seen new products emerge, new methods, new markets, and new sources of supply.
Small businesses are the innovators of the world and our new trade opportunity could be on the frontlines of that change.
VUZI has so far experienced incredible growth in 2020 and has presented you with several incredible opportunities this year that we have highlighted to you.
We first alerted VUZI earlier this year when it was trading at just 2.59, after which it rallied more than 126% to yesterdays high of 5.86.
Since our last update, the company has announced numerous developments that could be additional growth catalysts.
VUZI is a leading supplier of Smart-Glasses and Augmented Reality AR technologies and products for the consumer and enterprise markets.
Given the events of 2020, VUZI could provide some of the solutions to the many new challenges in this new environment.
The company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality.
VUZI holds 179 patents and patents pending and numerous IP licenses in the Video Eyewear field.
The company has won Consumer Electronics Show or CES awards for innovation for the years 2005 to 2020 and several wireless technology innovation awards among others.
Since our last update, VUZI has released several developments that could present the company with continued growth potential.
Last month the company announced Vuzix Reports Record Smart Glasses Revenues and Provides Business Outlook
Here are the companys comments from this press release
Our third quarter 2020 revenue grew 140% over the comparable 2019 period largely due to our core enterprise smart glasses business. The worldwide coronavirus outbreak has impacted the day-to-day operations of many enterprise customers across numerous market verticals, including healthcare, manufacturing, logistics and field service, and has furthered adoption and overall acceptance of smart glasses within business operations.
We delivered a record $2.7 million of Vuzix smart glasses in the quarter, an increase of 156% year-over-year and up 15% sequentially over our previous record achieved in our second quarter of 2020, primarily driven by both follow-on orders from existing customers and interest from new customers to support their business operations.
Healthcare, including telemedicine and telehealth solutions related to patient care, training and surgery, as well as supporting healthcare companies like medical device manufacturers that have active equipment installations in hospitals and medical facilities, continued to be an important new business segment for Vuzix in the quarter, said Paul Travers, President and CEO of Vuzix.
In addition, over the past few weeks, the company announced
Vuzix Continues to Receive Multiple Follow-On M400 Smart Glasses Orders from Both Resellers and End Customers to Support Business Operations
A Fortune 500 engine manufacturer and a pharmaceutical air transportation solution provider place follow-on orders
PGE Group Deploys Vuzix M400 Smart Glasses to Support Maintenance of Windfarms
Here are the companys comments from this press release
The versatility of our M400 Smart Glasses continues to drive customer demand across a wide range of industry verticals and use cases by allowing our customers to bring expertise and situational awareness to the field that enables technicians to perform daily maintenance activities more efficiently, said Paul Travers, President and CEO of Vuzix.
Vuzix Receives Follow-on Smart Glasses Orders from Pixee Medical to Support European Commercialization of their Augmented Reality Smart Glasses Solution for Orthopedic Surgery
Surgeons complete 40th AR Knee Total Knee Replacement Surgery guided by the Pixee Medical augmented reality navigation system and Vuzix M400 Smart Glasses
Last Wednesday the company announced
CH Four Biogas Deploys Vuzix Smart Glasses to Reduce its Costs and Carbon Footprint for Remote Inspections
As the company further explains
CH Four Biogas, a leading producer of anaerobic digestion and alternative energy installations, has begun deploying Vuzix M400 Smart Glasses to assist field operators performing plant inspections remotely. This time and travel saving solution supports the renewable energy company's strategic commitment to scale their operations in North America, while eliminating the need to send inspectors to remote installations, thereby reducing overall carbon emissions in the process.
In addition, yesterday, the company announced two potentially significant developments
Plug Power Develops Vuzix Smart Glasses-Based Remote Training and Onboarding Program to Support its Hydrogen Fuel Cells
Vuzix Completes the Development and Delivery of a Customized Waveguide Solution for a Major International Defense Contractor
VUZI could be positioned to experience significant growth.
Make sure to do your own due diligence.
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Note We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term trade opportunities.
Trading Rules Please Review Before Taking Any Action
Do not invest more than you are willing to lose. No one likes to consider the worst case, but its always a risk that exists. Rule of thumb - if you cannot sleep at night as a consequence of your investment, then you have over invested.
Keep calm. Do not chase. Decide for yourself if you like the trade. If you are not comfortable with the perceived risks, stay out. Timelines are to be decided by you. Approach methodically, and seek technical confirmation for direction. Always trade with a strategy in mind.
Never use market orders. Only use buy and sell limit orders. Protecting your investment is more important than missing gains. Use trailing stop % or trailing stop $ orders. Personally I prefer mental stops while actively managing trades rather than entering your stop into your brokerage account.
Cut losses quickly when dayswing trading. It's better to acknowledge being wrong than to have false hope. Sometimes you will be wrong in doing so, often times it will save you. It all depends on your entry.
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